China's EV upstarts appear to be plotting world domination. They are targeting developing markets like Brazil and Indonesia as the US and Europe impose tariffs. Western car giants run the risk of ceding the rest of the world to China. Western governments are taking steps to protect their markets, with Joe Biden imposing sweeping tariffs on Chinese automakers and the EU passing its own measures. Today, let's look at the charts of the famous 3 Chinese EV makers. NIO Nio upgraded virtual voice assistant, NOMI GPT, which incorporates artificial intelligence technology, reached more than 10 million user interactions. This comes 76 days after the new version of the virtual voice assistant was launched on April 12. NOMI GPT completed tasks including trip planning, role-playing, and text creation
🌟🌟🌟$Tesla Motors(TSLA)$ is on a great run. Its share price has jumped 6.5% on Wednesday and rose 26% in just 5 days! Elon Musk has reclaimed his crown as the World's richest person once again. Can Tesla go up further? The catalyst for Tesla's stock upward momentum came with its Q2 24 deliveries that exceeded analysts expectations. At 443,956 vehicles, deliveries were 14.8% higher than in previous quarter. The rising demand is supported by price reductions and purchase incentives. However Tesla's production of 410,831 vehicles in Q2 24 was 5.2% lower than previous quarter of 433,371 vehicles. The current Q2 24 figure is the lowest production result since Q3 2022 with 365,923 vehicle
NIO Inc. Stock Analysis: Insights from Options Data for July 2024 Expiry
$NIO Inc.(NIO)$ , a prominent player in the premium intelligent electric vehicle (EV) market, has shown remarkable growth despite facing various market challenges. With the options expiry date of July 5, 2024, fast approaching, investors need to conduct a detailed analysis of the latest stock performance, options data, and market sentiment. This article delves into these aspects to provide a comprehensive view of NIO’s current standing and future potential. Current Stock Performance NIO's stock is currently priced at $4.87, reflecting a significant fluctuation over the past year, with a 52-week range between $4.36 and $16.18. The stock’s recent performance shows a modest increase, closing at $4.50 on the previous trading day (Yahoo Finance). Anal
Amazon.com Inc. Stock Analysis: Implications of Options Data for July 2024 Expiry
Amazon.com Inc. (NASDAQ: AMZN) continues to dominate the e-commerce and technology sectors with its robust growth and strategic expansions. As the options expiry date of July 5, 2024, approaches, examining the latest stock performance, options data, and market sentiment is crucial to provide a comprehensive outlook on Amazon's current standing and future potential. Current Stock Performance Amazon's stock price is currently at $197.59, reflecting a significant increase from the beginning of the year when it was trading at $151.94. This impressive growth of approximately 30% underscores the strong performance and investor confidence in Amazon's strategic direction (Stock Analysis) (Stock Analysis). With a market capitalization of $1.92 trillion, Amazon remains one of the most valuable c
$Broadcom(AVGO)$ This has room to run. Like I said “I see $2000-2150 prior to split. Then a run to $250 after the split and by year end. This company is not a flash in the pan. 1. Cash Flow Rich 2. Stock splits make it more affordable for people to buy. 3. AI is just scratching the surface and semi-conductors have been suffering throughout Covid and have just recently rebounded in the past 2 years with significant uptrend. I can go on and on. Key to investing is Patience, Prayer and make sure you give to a worthy cause by being generous and not being greedy. The market is not a casino and I see positive signs down the road as interest rates decrease. Keep positive and staff focused. Wish success and prosperity to all of you!
As we mark the tenth anniversary of Tiger Brokers, we've been graced with an exceptional gift from Barcode—a vibrant AI-generated image of a Tiger Team. This artwork not only showcases Barcode's creativity and talent but also ignites our imagination for the boundless potential of art combined with technology.We believe that our Tiger community is a treasure trove of artists and creative minds. We would like to invite you to participate in the Tiger AI Art Challenge. Create Tigers in a variety of scenarios using artificial intelligence software.🎨 How to Participate:Choose your preferred AI art tool and create AI artwork that includes TigerShare your AI artwork in the comment section of this post and describe why you choose the scene or what inspires your creation.The artwork from barcode📅 E
$Amazon.com(AMZN)$ Bezos history selling AMZN July 2019 20M shares August 2019 10M sharesFebruary 2020 40M sharesAugust 2020 20M shares November 2020 20M shares May 2021 40M shares November 2021 15M shares February 2024 50M shares July 2024 25M sharestotal 240M shares soldtotal holdings today 940M sharesHoldings before he started selling a single share 1180M sharesHe is not receiving stock awards and he still has 9% ownership in AMZN[Happy][Happy][Happy]Therefore, don’t be afraid of his behaviors! Just cool down. It will not cause great damage to the stock price![Cool][Cool][Cool]
$Tesla Motors(TSLA)$ I think the market is catching on to one or more things and this My take in order of importance.Tesla wants to be an energy/unregulated utility company globally. I t has embarked quietly but forcefully in this direction. Just like amazon did with AWS. AWS now accounts for a sizable amount of AMZ Profits.AI Play... with self driving Cars and taxis. This is more Hype than anything. Yes, Self driving is on the horizon but a taxi service will be saddled with Regulatory Hurdles and brushback from existing rideshare companies.Robotics... This is definitely a winner but will take another five years to scale to efficiency and proliferation. There is much competition in this space but Musk will carve out a go
One of the most simple & effective day trading strategies I’ve ever seen!⚡️ THE PREVIOUS DAY HIGH BREAK & RETEST ⚡️ $SPDR S&P 500 ETF Trust(SPY)$$Invesco QQQ(QQQ)$$iShares Russell 2000 ETF(IWM)$ It’s been a #Team2Trading staple setup for years now. I’ve seen people go from unprofitable, to highly successful using this one single setup 💪Example from this week on QQQ ⬇️Imagehttps://x.com/cs_tradess/status/1808918145111048371
Triple Chart Patterns to Maximize Profits: SPY, QQQ, IWM Trades
$SPDR S&P 500 ETF Trust(SPY)$$Invesco QQQ(QQQ)$$iShares Russell 2000 ETF(IWM)$ Some great chart patterns to combine with your resistance zones. Here’s 3 examples we traded all in the same day 👇Rising wedge • (Trade #1) This is a common one, if you spot a rising wedge into your resistance, watch closely for the break. Usually leads to a nice sell off. Double top • (Trade #2) If the second attempt at breaking resistance tops out in the same place, look for sellers to step in again! Engulfing candles or upper wicks can also add some confirmation.Bull Flags • (Trade #3) Not what you want to see forming under your resistance zone when looking for puts. If we’re bul
Hello, everyone. Today I bring you the latest on hot stocks: $AeroVironment(AVAV)$ - Continued Path UpAVAV: AVAV - Continued Path UpI believe that bullish momentum will continue with price action coming similar to that that is in the green rectangle Weekly chart, playing around with the bars pattern tool. Bullish! $Jumia Technologies AG(JMIA)$ - Movement within Horizontal ZoneJMIA: JMIA - Movement within Horizontal ZoneA rise to the previous highs is suggested by this bars pattern on chart. It allows for a large cup and handle and a retest of these highs No real trend lines just assuming the trend has shifted 4Hr chart $Elme Communities(ELME)$ - Response to Tren
I opened $Walgreens Boots Alliance(WBA)$ ,Early exercise of one put option by counterparty leading to the acquisition of 100 WBA shares, this provided a tangible asset that could appreciate if the WBA's strategic actions bear fruit.
PCE Index was released on 28 June 2024 (Friday) and this is one of the key indicator that Fed view as particularly important. Since we understand that based on what the PCE numbers are going to be, investors might expect the Fed to cut (or not) interest rates in the future. And since the markets are forward-looking, those expectations are likely to already drive price moves. Therefore, in this article, I would like to share on how If inflation (as measured by the PCE) is below expectations, gold will go up significantly, and if inflation (PCE) is above expectations, gold will go down significantly. But is this always the case? Gold Rise To Trade In $2,330s After PCE Release For May $Gold - main 2408(GCmain)$ rises to trade above the $2,330s at
Great lesson for everyone on the option wheel strategy. The options wheel strategy is an income producing strategy involving selling put options, potentially owning stock, and selling covered calls until the shares are called away or the position is closed. The wheel is an increasingly popular strategy for investors that want to generate income before and possibly during stock ownership. The wheel's primary objective is not to own stock. The strategy's goal is to consistently take in credit via selling short put options. However, selling short put options prior to owning stock reduces the position’s cost basis throughout its duration. The wheel strategy can be thought of as an active approach to passive investing that allows investors to generate consistent income. It is perfect for stock
US Markets: A Day of Rest US stock markets were closed on July 4th in observance of the Independence Day holiday. Investors took a breather following a period of heightened activity and anticipation around economic data and Federal Reserve policy moves. European Markets: Buoyed by Rate Cut Hopes and Election Optimism European stocks enjoyed a positive session. Optimism over potential US interest rate cuts fueled market sentiment. Additionally, the start of the UK general election saw London markets climbing as polls hinted at a significant Labour party victory. The German DAX climbed by 0.4% to 18,450, France's CAC 40 increased by 0.8% to 7,695, and the UK's FTSE 100 also rose by 0.8% to 8,241. Asian Markets: Riding the Wave of Wall Street's Rally In Asia, stock markets largely followed th